ED issues show cause notices to Amnesty India, Aakar Patel for FEMA violations

The Adjudicating Authority of the Enforcement Directorate (ED) has issued a show cause notice to Amnesty India International Pvt Ltd. Ltd and its former CEO Aakar Patel for contravention of the provisions of FEMA and imposed a fine of Rs. 51.72 crores and Rs 10 crores respectively.

The alleged FEMA violation pertains to lending and lending regulations of Rs 51.72 crore for receiving remittances from its parent body, Amnesty International UK, to provide for civil society activities in the country.